🇿🇦Live Nickel Price Per 1 Kg Today in South Africa
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
ZAR 306,837.62
$18,914.15
Nickel Futures
Market contract projection
ZAR 306,837.62
$18,914.15
Nickel Ingot
Raw B2B manufacturing blocks
ZAR 306,837.62
$18,914.15
Per Kilogram (Kg)
Standard metric unit
ZAR 306.84
$18.91
Per Pound (lb)
Imperial unit
ZAR 139.18
$8.58
Scrap Nickel (Kg)
Recycled alloys & batteries baseline
ZAR 306.84
$18.91
Current Nickel Price per 1 Kg in South Africa
Explore the most accurate guide for live Nickel prices in South Africa. At this very moment, the price of Nickel per 1 Kg stands as a critical indicator for industrial production across the region. This dashboard delivers instant market data sourced straight from global exchanges, ensuring you have the most accurate pricing in ZAR.
In the last 24 hours, the Nickel market in South Africa has shown interesting fluctuations. Investors and industrial buyers are monitoring the 1 Kg price as it reacts to EV battery demand. Near-term projections suggest that if industrial demand remain steady, the baseline LME price could see upward pressure. Conversely, any mining quota increases might trigger a price correction in ZAR.
Current investor outlook for Nickel leans heavily bullish. The transition to green energy means structural demand is virtually locked in. Local manufacturers in South Africa are stockpiling inventory to protect from future volatility. Furthermore, recycling facilities report strong processing volumes, indicating a robust circular economy that supports the overall pricing structure.
Industrial Nickel Form Analysis & Applications
This vital industrial metal is extensively used in stainless steel across South Africa. As global infrastructure accelerates, the demand for durable nickel remains exceptionally strong. Monitoring the price of Nickel per 1 Kg enables investors to anticipate market shifts accurately.
Roughly 70% of all Nickel is used to produce stainless steel. It enhances the metal's formability, weldability, and resistance to corrosion.
The fastest-growing segment for Class 1 Nickel is battery manufacturing, particularly for NMC and NCA EV batteries, boosting energy density and driving range.
The Secondary Market: Nickel Scrap in South Africa
The secondary market for nickel scrap in South Africa is highly robust. Because recycling nickel is crucial for sustainability, the scrap value remains closely tied to the spot price. If you are dealing in industrial alloys, knowing the current conversion per 1 Kg in ZAR is vital for maximizing returns.
Frequently Asked Questions (Nickel)
Nickel Global Markets in Native Languages
Access native translations of commodity data and historical charts for our international markets.